Add-on Acquisition • Publishing

Babcox Publications Acquires Professional Carwashing & Detailing

On December 7, 2017, Babcox Publications acquired publishing company Professional Carwashing & Detailing

Acquisition Context
  • This is Babcox Publications’ 2nd transaction in the Publishing sector.
  • This is Babcox Publications’ 2nd transaction in the United States.
  • This is Babcox Publications’ 1st transaction in Ohio.

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M&A Deal Summary

Date December 7, 2017
Target Professional Carwashing & Detailing
Sector Publishing
Buyer(s) Babcox Publications
Deal Type Add-on Acquisition

Target Company

Professional Carwashing & Detailing

Akron, Ohio, United States
Professional Carwashing & Detailing is a provider of solutions based editorial content and industry information to help increase efficiency and profitability. Professional Carwashing & Detailing was established in 1978 and is based in Akron, Ohio.
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Buyer Overview 1

Buyer

Babcox Publications

Akron, Ohio, United States

Category Company
Founded 1901
Sector Publishing
DESCRIPTION

Babcox Publications is a B2B magazine publisher serving both the automotive aftermarket and the truck fleet market. Founded in 1920 and managed by successive generations of the Babcox family, the Company currently publishes 11 niche magazines and also generates revenue from tradeshow dailies, custom publishing, proprietary industry research and an online news service. During its over 85 years of existence, Babcox has become the brand most associated with B2B publishing in the automotive aftermarket and has built a dominant market share in the space.


Deal Context for Buyer #
Overall 2 of 2
Sector: Publishing 2 of 2
Type: Add-on Acquisition 2 of 2
State: Ohio 1 of 1
Country: United States 2 of 2
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 Autosuccess Magazine

Louisville, Kentucky, United States

Autosuccess Magazine is a provider of editorial content and industry information to auto dealers. Autosuccess Magazine was founded in 2001 and is based in Louisville, Kentucky.

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